Norskan Secures Two Charter Contracts from Petrobras

DOF ASA’s Brazilian subsidiary Norskan has been awarded two four year charter contracts by Petrobras. The contracts are for Skandi Copacabana and Skandi Paraty.

Skandi Copacabana’s new contract will commence in March 2014 in direct continuation of its existing contract.  Skandi Paraty’s contract will commence upon expected delivery from the Vard Promar building yard 1st Quarter 2015.

The estimated aggregate value of the contracts is approx. NOK 1,15 billion.

Skandi Copacabana is an AHTS of UT 722 L design built in Brazil in 2005. Skandi Paraty is an AHTS under construction in Brazil of Vard AH11 design.

DOF, February 23, 2014